LuxExperience B.V. (NYSE:LUXE) CEO Michael Kliger Sells 8,460 Shares of Company Stock

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) CEO Michael Kliger sold 8,460 shares of LuxExperience B.V. stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $10.08, for a total value of $85,276.80. Following the completion of the transaction, the chief executive officer owned 8,460 shares in the company, valued at $85,276.80. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Michael Kliger also recently made the following trade(s):

• On Tuesday, October 13th, Michael Kliger sold 814 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.00, for a total transaction of $8,140.00.
• On Friday, October 9th, Michael Kliger sold 13,911 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.24, for a total transaction of $142,448.64.
• On Thursday, October 8th, Michael Kliger sold 58,714 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.36, for a total transaction of $608,277.04.
• On Tuesday, October 6th, Michael Kliger sold 119,263 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.04, for a total transaction of $1,197,400.52.
• On Wednesday, October 7th, Michael Kliger sold 65,279 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.03, for a total transaction of $654,748.37.
• On Friday, October 2nd, Michael Kliger sold 2,598 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.08, for a total transaction of $26,187.84.
• On Thursday, October 1st, Michael Kliger sold 73,410 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.08, for a total transaction of $739,972.80.
• On Friday, September 18th, Michael Kliger sold 75,412 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.02, for a total transaction of $755,628.24.

LuxExperience B.V. Stock Up 2.6%

NYSE:LUXE traded up $0.24 during midday trading on Thursday, reaching $9.55. 423,130 shares of the stock traded hands, compared to its average volume of 246,956. LuxExperience B.V. – Sponsored ADR has a 12-month low of $6.54 and a 12-month high of $11.38. The business has a 50-day moving average of $8.51 and a two-hundred day moving average of $8.16. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 2.20. The stock has a market capitalization of $818.34 million, a PE ratio of -6.68 and a beta of 1.02.

Hedge Funds Weigh In On LuxExperience B.V.

Several hedge funds have recently modified their holdings of LUXE. GAMMA Investing LLC raised its position in shares of LuxExperience B.V. by 59.3% in the 3rd quarter. GAMMA Investing LLC now owns 4,194 shares of the company’s stock valued at $42,000 after purchasing an additional 1,561 shares during the last quarter. Bank of America Corp DE boosted its stake in LuxExperience B.V. by 2,291.9% in the 1st quarter. Bank of America Corp DE now owns 17,054 shares of the company’s stock worth $136,000 after purchasing an additional 16,341 shares in the last quarter. Engineers Gate Manager LP grew its position in LuxExperience B.V. by 212.2% during the 2nd quarter. Engineers Gate Manager LP now owns 65,245 shares of the company’s stock worth $485,000 after purchasing an additional 44,345 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in LuxExperience B.V. during the 1st quarter worth approximately $635,000. Finally, Royal Bank of Canada grew its position in LuxExperience B.V. by 12.0% during the 1st quarter. Royal Bank of Canada now owns 127,621 shares of the company’s stock worth $1,020,000 after purchasing an additional 13,664 shares during the last quarter. Institutional investors and hedge funds own 10.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price target on LuxExperience B.V. from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Thursday, September 17th. Sanford C. Bernstein started coverage on LuxExperience B.V. in a research report on Tuesday, October 6th. They issued an “outperform” rating and a $12.90 price objective for the company. Weiss Ratings raised LuxExperience B.V. from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 9th. TD Cowen boosted their target price on LuxExperience B.V. from $9.00 to $11.00 and gave the stock a “buy” rating in a research note on Thursday, September 24th. Finally, Zacks Research downgraded LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 16th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $11.18.

LuxExperience B.V. Company Profile

LuxExperience B.V. is a Netherlands-based travel and experiences company focused on luxury and premium leisure offerings. The company operates digital platforms that connect travelers with hotels, resorts, tours, cruises and other curated vacation experiences.

Its services are designed to support the planning and booking of leisure travel, with offerings that may include accommodations, packaged holidays and destination experiences. LuxExperience serves customers in international markets through its online travel businesses and related consumer brands.

The company is headquartered in Amsterdam, the Netherlands.